Live
Entity
RC number
RC-1188245
Sector
Construction developer
Registered address
22 Adeyemi Lawson Street, Ikoyi, Lagos
Regulator
Not applicable — unregulated sector
Standing
Master trust deed
SEC/TD/2025/00417 · filed 20 Sep 2024
Screening refresh date
Last refreshed 16 Jul 2026 · next due 16 Oct 2026
Next regulatory obligation
SEC Q2 2026 quarterly return — due 28 Jul 2026
| Mandate | Structure | Value | Next event | Status |
|---|---|---|---|---|
| TRST-2026-0417 | Construction escrow | ₦84,500,000 | Tranche 3 certification due 30 Jul 2026 | Live |
| TRST-2026-0298 | Milestone escrow | ₦12,300,000 | Final milestone certification due 05 Sep 2026 | Live |
| Name | Role | Beneficial ownership | BVN verification | Screening |
|---|---|---|---|---|
| Chief Bayo Aderibigbe | Chairman / Director | — | Verified | Cleared |
| Ngozi Eze-Aderibigbe | Director | 55% | Verified | Cleared |
| Femi Okonkwo | Beneficial owner | 20% | Verified | Cleared |
Exposure
Exposure ceiling
₦1,200,000,000
Concentration limit
12% of total assets under trust
Counsel-review threshold
₦40,000,000
Fee schedule
| Fee | Rate |
|---|---|
| Establishment fee | ₦1,200,000 one-time |
| Annual trusteeship fee | 55bps of assets under trust |
| Release processing fee | ₦20,000 per release |
22 Jul 2026
14:32 WAT
14:32 WAT
Tranche 2 release authorised — TRST-2026-0417
Folake Adebanjo
19 Jul 2026
10:05 WAT
10:05 WAT
Deed DEED-2026-0417-C routed to counsel for tranche 3 amendment
System
16 Jul 2026
09:00 WAT
09:00 WAT
Quarterly screening refreshed — cleared
Aisha Bello
02 Jun 2026
11:20 WAT
11:20 WAT
Mandate TRST-2026-0298 created
Chukwuemeka Nwosu
18 Sep 2024
16:41 WAT
16:41 WAT
Client activated
Folake Adebanjo